H.R. 420 (105th): Enterprise Capital Formation Act of 1997

To amend the Internal Revenue Code of 1986 to modify the exclusion of gain on certain small business stock and to allow nonrecognition on gain from the sale of such stock if other small business stock is purchased.

The bill’s titles are written by its sponsor.



Jan 9, 1997
105th Congress, 1997–1998

Died in a previous Congress

This bill was introduced on January 9, 1997, in a previous session of Congress, but was not enacted.


Robert Matsui

Representative for California's 5th congressional district



Read Text »
Last Updated: Jan 9, 1994
Length: 11 pages


Jan 9, 1994
Text Published

Updated bill text was published as of Introduced.

Jan 9, 1997

This is the first step in the legislative process.

H.R. 420 (105th) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

This bill was introduced in the 105th Congress, which met from Jan 7, 1997 to Dec 19, 1998. Legislation not enacted by the end of a Congress is cleared from the books.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 420 — 105th Congress: Enterprise Capital Formation Act of 1997.” www.GovTrack.us. 1997. October 25, 2016 <https://www.govtrack.us/congress/bills/105/hr420>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.